In a recent Automation World blog entitled Making the Case for Energy Management, Grant Gerke discusses his impressions of eSight Energy Groups 4th annual summit, including his sense that commercial building owners now buy into the concept of energy management. Similarly, a recent survey by Johnson Controls found that 85 percent of building owners and operators worldwide today depend on energy management to drive their facilities’ operating efficiency, up a whopping 34 percent in two years.
It’s not difficult to understand why building owners find energy management a compelling investment:
It’s Easy Thanks to wireless energy management products, including Millennial Net’s Wireless Energy Management Solutions, deploying an energy management system across one or many buildings is quick and inexpensive. No need to pull cables through walls or ceilings or disrupt operations in any way. Energy management devices work with most legacy HVAC systems, and other building fixtures and appliances and discover each other and centralized energy management systems automatically across a robust, self healing wireless mesh network. Installing these energy systems can take as little as a few hours or a few days.
Knowledge Power Power from the sun, wind, and other renewable resources has a lot of sex appeal, but the quickest, least expensive, and best way to start saving energy is through the power of knowledge. Immediately after installing energy management systems you’ll start getting valuable fine-grained visibility into how, where, and when electrical power, water, or gas is used and wasted throughout different building zones and equipment—much more valuable information than you could ever get from utility bills. Immediately you’ll start identifying scores or hundreds opportunities for small changes or larger investments that can bring significant savings with little to no effect on the quality of life of building inhabitants. You can also use this information to raise the awareness of your building tenants, which can lead to more savings. Then you can measure the effects of your energy efficiency initiatives in real time and tweak them to make them even more effective.
Quick Return After just a few weeks or months of monitoring building systems, temperature, humidity, and energy use, and making control adjustments, you’ll start reaping significant savings that bring a quick return on your investment, often as short as one or two years. Building owners are often shocked at how much power is wasted every day lighting or cooling unoccupied rooms or running non-essential equipment. Savings from energy management systems are typically 25 to 30 percent of utility bills. You can then invest those savings in other more valuable areas, such as hiring teachers in a school system, avoiding layoffs or program cuts, or growing your business.
Tax Benefits Thanks to the Energy Policy Act of 2005, building owners can reap tax deductions of anywhere from $.60 to 1.80 per square foot by implementing energy saving measures to address heating, ventilation, and air conditioning systems, as well as lighting and the building envelope. Utility companies also provide financial incentives for energy management projects.
Tenants Want It A 2010 survey by GE Capital Real Estate found that green initiatives are key influencers on tenants’ decisions to sign a lease. Fully half of respondents in eight countries, including the U.S., said green initiatives were a priority, with energy efficiency coming in first.
Public Image Sustainability initiatives are good public relations that enhance the public perception of your business and can lead to higher sales. See example here – how Tynsgborough High School is Already Saving Money!
It’s the Right Thing to Do Conserving energy and reducing your carbon footprint is good for the environment, the economy, and the future of the planet. But I didn’t have tell you that.